What we hear almost weekly from people considering getting started and how it works in practice.
At Systems2follow, we have conversations every week with people who are considering starting automated investing. What strikes us: almost everyone starts with the same three assumptions. And in nine out of ten cases, those assumptions turn out not to be quite right.
We write them down below, with the honest aside, because automated investing is not magic, but it also works differently than many people think.
This one we hear most often, and actually the most important one to set straight right away.
Many people think that with automated investing they transfer their money to Systems2follow and that we will then trade on their behalf in an unknown account somewhere in the cloud. An understandable thought, that's how it works with some other platforms as well.
With us, it works differently. Your money remains entirely in your own account, in your own name, with our partner broker MEXEM. We have no access to your balance and cannot withdraw or transfer funds. What we do do: execute orders on your behalf based on the system you have chosen.
So the control remains with you. You can log in at any time, see positions, and disconnect if you wish.
This second assumption often keeps people from looking at our website at all.
The thought is that you need a lot of knowledge of technical analysis, market sentiment, option constructs. That automated investing is something you should be able to follow between work on four screens at once.
In practice, it's the opposite. Our clients are precisely people who don't have the time or desire to follow the market on a daily basis. They have their jobs, their families, their businesses, and in the meantime they want their money to work for them. The expertise is in the systems, and in the traders who design those systems. Not in you, the investor.
What we do expect is that you decide for yourself which system suits you, how much risk you want to take, and when you want to stop. That's not technical knowledge, that's just knowing what you want.
The third, and the one that many people are surprised by.
Many people expect that automated investing only becomes interesting from €100,000 or more. That it is something for wealthy individuals with a private banker on speed dial.
Our systems start from €2,500 initial capital. With Washington Trades, for example, you deposit €2,500 into your MEXEM account, and the system does the rest. No hidden fees, no long contracts, and you can try out for a month on a trial basis before committing.
Of course, it's true that a larger initial capital yields more returns faster. But the barrier to getting started at all is lower than most people think.
What we like to impart to people: automated investing is neither a magic wand nor a risk-free adventure. It is a way to invest in a structured, disciplined way and on your own account, with the expertise of experienced traders built into the systems you follow.
Curious if it could be for you? In our Starter Guide we explain in five steps how to get started, which systems suit which profile, and what to expect. You will receive it directly in your mailbox, just leave your e-mail address.
Or schedule an informal meeting with us via this link. We would love to think along with you!
With kind regards,
Team Systems2follow